| 29.08.2012 - Norway fund opposes Glencore-Xstrata merger |
| A Norwegian sovereign wealth fund has opposed the terms of commodities trader Glencore's proposed $30 billion takeover of miner Xstrata, the Financial Times reported on Wednesday, without citing sources. Norway joins Qatar whose own sovereign wealth fund investment arm demanded improved terms and threatened to vote against the deal. Qatar Holding is the second-largest shareholder in Xstrata with a 12 percent stake...............................................Full Article: Source |